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  1. EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus

    EconomyProgramme

    unconstitutional the pension cuts implemented in 2012 (estimated cost of 2 percent of GDP) 2) Personal income

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  2. Newsletter 70 - 15/04/2016

    Newsletters

    . Almost 46 percent of March hirings relate to full-time employment. 2 Club Med goes to Washington.... If the Cortes fails to elect a new prime minister by May 2, then the king will have to use his

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  3. Bailout talks resume with key issues pending and contingency measures emerging
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyProgramme

    a proposal apparently made by the institutions for contingent measures of up to 2 percent of GDP (3.6 billion... percent of the households. In Portugal it's 2 percent. In Ireland it's 5 percent. The euro area average

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  4. Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    PoliticsGreek Politics

    will have to agree a package of contingent measures worth 2 percent of GDP (3.6 billion euros... on the extra 2 percent of GDP in cuts and savings. Following talks on Thursday, the indications were

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  5. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    million. This figure is expected to rise to 900 million from 2020 thereafter. 2) Cut in current (284... million. 2) New methodology for calculation of self-employed contributions based on declared

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  6. Tension rises in Greece but creditors see potential for agreement soon

    PoliticsGreek Politics

    on the mechanism for identifying and implementing and extra 2 percent of GDP in fiscal measures.... For the Greek government, the vital element is that it should not have to detail another 2 percent

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  7. Greece looks for support as expectations for May 9 Eurogroup lowered

    PoliticsGreek Politics

    agreement by May 9, including on the 2 percent of GDP in contingent measures, is possible. The nature... prevent the institutions from forcing Greece to define and legislate the extra 2 percent of GDP

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  8. Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement

    Economy

    the contingent measures of 2 percent of GDP, which are expected to be discussed along with debt... losses namely Coca Cola Hellenic – CCH (-2 percent) and Jumbo (-0.2 percent). The trading activity

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  9. Outline of fiscal mechanism for automatic cuts emerges after Eurogroup

    EconomyProgramme

    2 percent of GDP in extra standby measures now, as some of the lenders had initially wanted... 1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts

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  10. Eurozone sets out proposals for staggered debt relief for Greece

    EconomyProgramme

    of interest charged to Greece at 2 percent, with any interest that would have been payable in excess of the 2 percent being deferred until 2050. The accumulated and capitalised deferred interest would

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